Kansai Nerolac Q2 net profit rises 8% YoY to Rs 144 crore

Mumbai: Kansai Nerolac Paints' consolidated net profit for the September quarter rose 8% year-on-year to ₹143.99 crore, aided by an over 18% increase in consolidated revenue to ₹2,317.48 crore.

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Revenue growth during the quarter remained healthy, supported by strong momentum across both decorative and industrial businesses, MD Pravin Chaudhari said. "In Decorative, our focus remains on pursuing growth with profitability," he said.


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While volatility in raw material prices and foreign exchange continues to exert pressure on input costs, the company has taken calibrated pricing actions to partly mitigate the impact, Chaudhari said, while intensifying efforts on product mix, formulation optimisation, sourcing efficiencies and cost management.